Good of you to make my point, the nature of the comparison is different. We are not on the same page. Nothing wrong with that, but i can see it and you choose to not see it.
You wrote
"I signed up for Pointsbet in minutes. The transaction occurred immediately, I logged into my bank account, retrieved the number and done. Clicked another button and
deposited money into Pointsbet account. Done. Minutes"
Chalk and cheese.
"deposited money into Pointsbet account."
v
finalized a TRANSACTION with a MERCHANT where goods or services are exchanged for MONEY.
You OPENED an ACCOUNT with PB. Any transactions (bets) come later.
How does GBG perform for commercial transactions?
I wasn't saying GBG couldn't do something similar just that you haven't shown it can do something as fast for something identical in nature to what ISX are offering for MERCHANTS where the transaction is more than a money transfer, a good or service (bet) is provided.
Have another look at
@Preved posted steps for a transaction..